SpinStopper:Why just current CEOs? Any list of the worst CEOs really isn't complete without Czarly Fiorina ;)

What kills me is that when she was running for office on her business credentials, no one ever called her on it. I would have asked her point blank why we should elect her if she couldn't succeed at selling rebranded iPods in 2004.

He's only been there 2.5 years. Sears has been dug in since they cut back on the catalogue just as the internet was becoming a thing. Hell, read one of their old catalogues, they had the Amazon model first. Sell everything to everyone and count on the mail.

clancifer:I can see the Libertarian crowd not finding any issues with these CEOs and their greed.

Well, Libertarians practice a sort of "no true Scotsman" philosophy as regards capitalism. Whenever capitalism manifests it's evil, ugly side, they magically reclassify it as "crony capitalism", which they then classify as statist in nature, and thus construe all the evils of capitalism as "not-capitalism".It's an impressive bit of mental gymnastics.It's kind of like how people like to pretend that drunken pedophile Uncle Ernie isn't really part of the family.

jso2897:Well, Libertarians practice a sort of "no true Scotsman" philosophy as regards capitalism. Whenever capitalism manifests it's evil, ugly side, they magically reclassify it as "crony capitalism", which they then classify as statist in nature, and thus construe all the evils of capitalism as "not-capitalism".It's an impressive bit of mental gymnastics.

Well, not in the least.

One key tenet of libertarian beliefs is that businesses should neither be taxed nor subsidized by government, as taxes on business are nothing more than government trying to hide its true cost by playing "stick it to The Man" rhetorical games while doing favors for those big businesses who play ball.

So it most certainly is crony capitalism. No magic required.

Instead, it makes more sense to tax individuals directly whenever possible. Greater transparency in taxation is also a libertarian tenet.

Gulper Eel:jso2897: Well, Libertarians practice a sort of "no true Scotsman" philosophy as regards capitalism. Whenever capitalism manifests it's evil, ugly side, they magically reclassify it as "crony capitalism", which they then classify as statist in nature, and thus construe all the evils of capitalism as "not-capitalism".It's an impressive bit of mental gymnastics.

Well, not in the least.

One key tenet of libertarian beliefs is that businesses should neither be taxed nor subsidized by government, as taxes on business are nothing more than government trying to hide its true cost by playing "stick it to The Man" rhetorical games while doing favors for those big businesses who play ball.

So it most certainly is crony capitalism. No magic required.

Instead, it makes more sense to tax individuals directly whenever possible. Greater transparency in taxation is also a libertarian tenet.

If I were allowed to become rich, I'd just go ahead and let my face sag and wrinkle in whatever way that nature intended. These Wildenstein freak faces do NOT make you look younger. They make you look vain and creepy.

"One store manager on Glassdoor advised upper management to "Get over yourselves. Get rid of Mike, revamp the board, bring on all new upper management from execs, directors, and RM's. Learn to pay employees a salary to actually live on.""

Correlation meet causation. Sears (along with JC Penny, etc) were all destined to tank during the depression/recession. Their products aren't really better than Kohl's or Target, but cost more. If you want something nice, you still go to Mens Warehouse or whatever. They're in a shrinking, pointless market.

jso2897:clancifer: I can see the Libertarian crowd not finding any issues with these CEOs and their greed.

Well, Libertarians practice a sort of "no true Scotsman" philosophy as regards capitalism. Whenever capitalism manifests it's evil, ugly side, they magically reclassify it as "crony capitalism", which they then classify as statist in nature, and thus construe all the evils of capitalism as "not-capitalism".It's an impressive bit of mental gymnastics.It's kind of like how people like to pretend that drunken pedophile Uncle Ernie isn't really part of the family.

Pretty sure CNN, MSNBC, et al are the prime drivers of use around terms like crony capitalism. So you're arguing CNN and MSNBC are libertarians?

If I were allowed to become rich, I'd just go ahead and let my face sag and wrinkle in whatever way that nature intended. These Wildenstein freak faces do NOT make you look younger. They make you look vain and creepy.

I know and with all that money you could let yourself completly go and still bang hot women.

Correlation meet causation. Sears (along with JC Penny, etc) were all destined to tank during the depression/recession. Their products aren't really better than Kohl's or Target, but cost more. If you want something nice, you still go to Mens Warehouse or whatever. They're in a shrinking, pointless market.

There was an article on fark a few months ago on what a complete clown this guy is. He has every department in sears compete against each other in a hunger games style of survival of the fittest. Sales departments have to buy their stock and advertising is done by which department pays the most for the ad space, giving us good deals on tools or lawn mowers for a Mother's Day sale. He set it up so the hardware department actually makes less money by selling craftsman tools, and appliance departments make less by selling kenmore brands, so this gets held against them for performance reviews. Most of this guy's policies are geared towards making everyone compete against everyone else, so a house divided can't stand. Sears may have been dying slowly, but he's feasting on the corpse.

Correlation meet causation. Sears (along with JC Penny, etc) were all destined to tank during the depression/recession. Their products aren't really better than Kohl's or Target, but cost more. If you want something nice, you still go to Mens Warehouse or whatever. They're in a shrinking, pointless market.

There was an article on fark a few months ago on what a complete clown this guy is. He has every department in sears compete against each other in a hunger games style of survival of the fittest. Sales departments have to buy their stock and advertising is done by which department pays the most for the ad space, giving us good deals on tools or lawn mowers for a Mother's Day sale. He set it up so the hardware department actually makes less money by selling craftsman tools, and appliance departments make less by selling kenmore brands, so this gets held against them for performance reviews. Most of this guy's policies are geared towards making everyone compete against everyone else, so a house divided can't stand. Sears may have been dying slowly, but he's feasting on the corpse.

He also spent a great deal of company revenue buying back stock. His own portfolio looks fantastic, but now the Sears doesn't have money to maintain its buildings. He is a vulture capitalist to the extent he'd make Mitt Romney blush.

Mad_Radhu:SpinStopper: Why just current CEOs? Any list of the worst CEOs really isn't complete without Czarly Fiorina ;)

What kills me is that when she was running for office on her business credentials, no one ever called her on it. I would have asked her point blank why we should elect her if she couldn't succeed at selling rebranded iPods in 2004.

THANK YOU!!!

When I saw that she was running for office it was the first question I asked. Why were people using the fact that she damn near killed the company she was CEO of as a positive thing? It just made no sense.